3(16) Providers Revisited

[TPAJake]

I think my clients & brokers are reading this--I've had to answer several "in case of a lawsuit" questions today...

[Bill Presson]

TPAJake: Austin asked if you were processing the payroll and you said you were. But I think he meant actually producing the payroll, collecting hours and issuing checks, etc. I don't think you're doing that. What I think you're doing is the same thing that many daily recordkeepers do, which is get (or create) the file/report from accessing the payroll and then "processing" it into the recordkeeper's system and triggering the ACH. So that may answer a couple of his examples, but still doesn't get to the heart of the matter. Most of his issues are dependent on the payroll being correct. For the most part, you don't control that nor do you control whether you get correct information on family relationships, etc. So you're still dependent on correct information.

 

I've wrestled with this for the past few years. Some days, I'm convinced we need to do it and some, I just can't imagine why.